Most days at I get a call from an adult child of an elder, asking me about shady dealings over a parent’s finances. Sometimes it’s the niece, grandson, or other family member the caller is worried about. Sometimes it’s the caller’s sibling whose actions are in question. And all the…
Carolyn RosenblattOctober 3, 2014
This one shocked me. Here at AgingParents.com we've been hearing elder abuse tales for a long time, but I was stunned when I heard this. A family of 3 siblings has been worried about their widowed father, who lives alone in the country. He is very comfortable, but not extremely…
Carolyn RosenblattJune 26, 2014
This is a real situation, all too common. Three brothers are engaged in pitched battle over their mother's care and how to pay for it. Mom is severely demented and can't care for herself independently. She had long term care insurance, but she has almost exhausted that benefit. Her only…
Mikol DavisApril 15, 2014
A new and fast moving telephone scam is targeting taxpayers across the country. The Fraud Watch Network sent out a press release detailing how thousands of victims have already lost more than $1million. Please caution your aging parents and others as well. Older adults are more likely to be victims of…
Mikol DavisApril 1, 2014
Who would ever think of a reverse mortgage being a form of financial elder abuse? There are some hidden dangers in these products and you need to know about them. Unsuitable mortgages are abusive. They are not right for some people over 62. Mikol and I recently attend the San…
Carolyn RosenblattJanuary 14, 2014
Elder Financial Abuse Right Under Our Noses? Alice, my mother in law, is blessed with a great memory and pretty good health for a woman of 91. She works at it. She's been a widow for 5 years now. When he was alive, Dad always handled their finances. Since she's…
Mikol DavisNovember 16, 2013
A recent survey by the National Endowment for Financial Education found that seven in 10 adults say they have difficulty talking to their families about who will make financial decisions on behalf of an aging family member who becomes unable to handle their money. Part of the problem is…
Carolyn RosenblattSeptember 17, 2013
This is unbelievable. Here we are, always trying to alert people to financial abuse and we think Mikol's own mom, Alice, has been taken advantage of by her financial advisor! Alice is 91, is blessed with a great memory and pretty good health for a woman of her age.…
Mikol DavisJuly 18, 2013
